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The global ductless heating & cooling systems market is projected to reach USD 78.62 Billion by 2021, at a CAGR of 8.18% from 2016 to 2021. Ductless heating & cooling systems are experiencing a high demand from the construction sector in the Asia-Pacific region. Expansions and new product development activities related to the development more energy efficient solutions undertaken by different companies are the key factors driving the growth of the global ductless heating & cooling systems market.
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Ductless Heating & Cooling Systems Market by Type, Application - Global Forecast to 2021 www.MarketsandMarkets.com
Ductless Heating & Cooling Systems Market by Type (Split Systems, Window Air Conditioner Systems), Application (Residential Buildings, Commercial Buildings, Industrial Buildings) - Global Forecast to 2021 The global ductless heating & cooling systems market is projected to be valued at USD 78.62 Billion by 2021, at a CAGR of 8.18% from 2016 to 2021. In this study, 2015 has been considered as the base year and 2016 to 2021, the forecast period, to estimate the global market of ductless heating & cooling systems. PDF Brochure : http://www.marketsandmarkets.com/pdfdownload.asp?id=108776436
The split systems are expected to be the leading type of ductless heating & cooling systems from 2016 to 2021. Split systems allow the user to control the temperature of individual zones as per need. This gives the user the flexibility of operation and provides saving in operating cost. The major benefit of the split system is the low noise level of the system. Split systems are mainly used in schools, hotels, hospitals, supermarkets, and residential buildings. The growth of the commercial sector will also drive the split systems market during the forecast period. Request for Customization : https://www.marketsandmarkets.com/requestCustomization.asp?id=108776436
Browse >> 83 data tables 65 figures 143 pagesand in-depth TOC on “Ductless Heating & Cooling Systems Market - Global Forecast to 2021 ” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $5650 for single user. Corporate User : US$8150 This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.
The residential buildings segment is the largest as well as the fastest-growing application of the ductless heating & cooling systems globally. Residential buildings are major consumers of the ductless heating & cooling systems industry owing to the low energy consumption of the system as compared to the ducted system and the easy installation mechanism. Growing populations, rapid urbanization and strong economic growth in the emerging economies of the Asia-Pacific region are leading to the growth in the residential buildings segment which drives the demand for ductless heating & cooling systems. Mini split ductless heating & cooling systems are the most commonly used type in residential buildings due to its lower capacity and lower operating cost. Request Sample @ https://www.marketsandmarkets.com/requestsample.asp?id=108776436
Objectives of the Study • To define and segment the market for ductless heating & cooling systems by type, application, and region • To estimate and forecast the market for ductless heating & cooling systems in terms of value • To analyze significant region-specific trends of the market in North America, Western Europe, Central & Eastern Europe, the Asia-Pacific region, South America, and the Middle East & Africa • To estimate and forecast the market for ductless heating & cooling systems by type, application, and region at the country level in each of the regions • To identify and analyze the key drivers, restraints, and opportunities, and challenges influencing the ductless heating & cooling systems market • To analyze recent market developments and competitive strategies such as alliances, joint ventures, and mergers & acquisitions to draw the competitive landscape in the market for ductless heating & cooling systems • Speak to analyst @ https://www.marketsandmarkets.com/speaktoanalyst.asp?id=108776436
Key players Samsung Electronics Co. Ltd. (South Korea), Hitachi Ltd. (Japan), United Technologies Corporation (U.S.), LG Electronics (South Korea), and Johnson Controls (U.S.) are the leading market participants in the global ductless heating & cooling systems market.
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